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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 624 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.Saanvi’s stall made a profit of ₹400. Saanvi saves 25% of it. How many rupees are saved?
  2. 2.Which of these is reinvesting in the business? (a) sweets for yourself (b) a new video game (c) a cinema ticket (d) better paint for cards
  3. 3.Which of these is reinvesting in the business? (a) profit put in a bank (b) a piggy bank for later (c) more seeds for next time (d) an emergency fund
  4. 4.A small family shop borrows ₹100 from a bank at 2% simple interest per year. How much interest is due after 2 years (in ₹)?
  5. 5.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  6. 6.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  7. 7.Which of these is saving? (a) an emergency fund (b) sweets for yourself (c) better paint for cards (d) a cinema ticket
  8. 8.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) saving (c) spending
  9. 9.Which of these is spending on yourself? (a) a new video game (b) an emergency fund (c) a piggy bank for later (d) better paint for cards
  10. 10.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  11. 11.Riya’s stall made a profit of ₹1600. Riya saves 10% of it. How many rupees are saved?
  12. 12.🏦 Interest on a loan is… (a) a discount (b) a gift (c) the cost of borrowing (d) free money
  13. 13.A small family shop borrows ₹200 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  14. 14.🔁 Reinvesting means… (a) giving it away (b) hiding it (c) spending it on games (d) putting profit back in
  15. 15.Tara’s stall made a profit of ₹1900. Tara saves 20% of it. How many rupees are saved?
  16. 16.Kavya’s stall made a profit of ₹400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  17. 17.A small family shop borrows ₹200 from a bank at 4% simple interest per year. How much interest is due after 1 year (in ₹)?
  18. 18.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  19. 19.A small family shop borrows ₹800 from a bank at 4% simple interest per year. How much interest is due after 3 years (in ₹)?
  20. 20.Riya’s stall made a profit of ₹1500. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  21. 21.Vihaan’s stall made a profit of ₹300. Vihaan saves 50% of it. How many rupees are saved?
  22. 22.Gurpreet’s stall made a profit of ₹500. Gurpreet saves 20% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  24. 24.Kabir’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  25. 25.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  26. 26.Aarav’s stall made a profit of ₹700. 10% is saved, 50% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Which of these is reinvesting in the business? (a) an emergency fund (b) a piggy bank for later (c) buying a second juicer (d) profit put in a bank
  28. 28.A small family shop borrows ₹100 from a bank at 6% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  29. 29.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  30. 30.🐷 Saving, reinvesting or spending: profit put in a bank? (a) saving (b) reinvesting (c) spending
  31. 31.Joseph’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  33. 33.A small family shop borrows ₹900 from a bank at 6% simple interest per year. How much interest is due after 2 years (in ₹)?
  34. 34.A small family shop borrows ₹700 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.🐷 Saving, reinvesting or spending: buying a second juicer? (a) saving (b) spending (c) reinvesting
  36. 36.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  37. 37.Meera’s stall made a profit of ₹1700. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  38. 38.Farhan’s stall made a profit of ₹1700. Farhan saves 10% of it. How many rupees are saved?
  39. 39.A small family shop borrows ₹400 from a bank at 4% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  40. 40.A small family shop borrows ₹800 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?

Answer key

  1. 100
  2. better paint for cards
  3. more seeds for next time
  4. 4
  5. spending
  6. saving
  7. an emergency fund
  8. spending
  9. a new video game
  10. 954
  11. 160
  12. the cost of borrowing
  13. 16
  14. putting profit back in
  15. 380
  16. 200
  17. 8
  18. 18
  19. 96
  20. 600
  21. 150
  22. 100
  23. saving
  24. 210
  25. reinvesting
  26. 280
  27. buying a second juicer
  28. 112
  29. 14
  30. saving
  31. 150
  32. talk to parents
  33. 108
  34. 56
  35. reinvesting
  36. 545
  37. 850
  38. 170
  39. 416
  40. 960

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